Kim Kardashian West gets paid thousands of dollars for a single post on Instagram. And with her experience and influence, people wouldn’t think that she would promote or do any kind of business with sketchy companies.
However, Charles Randell, chair of the U.K.’s Financial Conduct Authority, warns social media users of her latest cryptocurrency ad.According to Randell, Kim’s paid advertisement of Ethereum Max is a “speculative” cryptocurrency.
UK’s financial watchdog said in a speech that Kardashian West had asked her more than 250 million Instagram followers to “speculate on crypto tokens by ‘joining the Ethereum Max Community,’” adding that her post “may have been the financial promotion with the single biggest audience reach in.
Read more on us.hola.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.